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Nigeria; A Land Suffering In The Misdt Of Plenty - Politics - Nairaland

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Poverty In The Midst Of Plenty / Nigeria: Want In The Midst Of Plenty / Nigeria's Foreign Reserves: Why Suffer In The Midst Of Plenty? (2) (3) (4)

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Nigeria; A Land Suffering In The Misdt Of Plenty by chucky234(m): 7:08pm On Dec 13, 2012
How country with so much money could still be ranked one of the poorest still beat me,just take a good look at the below list:

1. Crude Oil production/day - 2.5M barrels
2. Current Price = $113/barrel
3. Daily Sales = 2.5M x 113 = $282.5million
4. Monthly Sales = 282.5M x 30days = $8.475billion
5. Yearly Sales = $8.475billion x 12 = $101.7billion
...

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